Confluent

CFLT

Market cap $7.85B

Confluent (CFLT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Reuters reports that Confluent (CFLT) is weighing a company sale after the data streaming platform collected acquisition interest. George Tsilis adds that the Confluent serves as a backdoor A.I.

The share price of Confluent (CFLT 9.84%), a data-streaming software company, rocketed higher today after Reuters reported that it may be exploring a sale. Technology companies are looking for any angle they can get in the expanding artificial intelligence (AI) space, and Confluent's tech could be on some companies' short list.

Confluent Inc (NASDAQ:CFLT) stock is surging today, up 11.2% at $23.05 at last glance, after a Reuters report stated that the software name is exploring a sale.

Confluent (CFLT) shares jumped over 10% in early trading Wednesday following a report the data streaming company is exploring a sale.

Confluent stock jumped Wednesday following a report it is exploring a sale after attracting takeover interest.

Shares of American software firm Confluent soared in premarket trading on Wednesday after reports that the company is exploring a potential sale following acquisition interest from private equity and technology firms.

Stock futures are pointing higher as the government shutdown enters its second week; gold prices continue setting records; the release of Federal Reserve meeting minutes could provide insight into future interest rate levels; Tesla (TSLA) shares are higher after yesterday's decline following the rollout of lower-cost models; and shares of software maker Confluent (CFLT) are soaring on a report the firm is considering a sale amid interest in its AI technology. Here's what you need to know today.

Confluent is working with an investment bank on the sale process, according to a report.

Confluent is exploring a sale after attracting acquisition interest, according to three people familiar with the matter, the latest data infrastructure company to draw suitors for its potential in supporting artificial intelligence development.